When DJ hit 4,500 points in 1999. A author of Dow 36,000 said market still under value about 8 times. So, one day that is possible for DJ index can hit 36,000 points. So, if the same theory apply on KLCI, thats also possible can hit about 3 times higher than now.
If KLCI hit 3,600 points, What is the price of equity shares in KLSE ? Let us make some imagination, thats maybe :-
a) Malaysia currency may standing at below 2.00 ; 1 USD.
b) Maybank RM18 per share, CIMB RM40 per share.
c) House price increase more than 5 times, 600 sf house may cost 600k per unit.
That is a dream. Thats may be one day will happen in Malaysia. So, thats time you will happy be a malaysian citizen. Because everyday you will found the money dropping from the sky.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment